4253 Otter Lake Rd, Otter Lake, MI 48464
This exceptional turnkey mining operation in Otter Lake, MI, presents a lucrative investment opportunity. The property encompasses 127.98 acres of land zoned for agricultural use, boasting over 10 tons of aggregate reserves, ideal for topsoil, sand, gravel, or stone extraction. A 6,900 square foot, three-story building constructed in 2019 is included, featuring five loading docks, six dock-high doors, and a remarkable 48-foot ceiling height. The building's versatile layout includes a reception area, maintenance and storage bays, a conference room, and living quarters. Over $1.6 million in equipment is included in the sale. The property is currently operating as a business, offering immediate revenue potential. The APN is 013-010-011-10. The sale includes the building, land, equipment, and existing business operations. Occupancy is available December 5th, 2024. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential. The asking price is $5,750,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.